Pernod Ricard will see a change in leadership at the top of its North America unit to start the new year, naming 25-year company veteran Conor McQuaid as CEO effective January 1. McQuaid will succeed ...
While conditions have been difficult in the U.S. market over the past year, the spirits category posted its 29th consecutive annual gain by volume, with depletions up 2.5% to 306.6 million 9-liter ...
Super-premium spirits brands like Milagro Tequila, Hendrick’s Gin, and Reyka vodka have been leading growth for William Grant & Sons in the U.S. lately, benefiting from the on-premise rebound to drive ...
Rémy Cointreau has flagged challenging conditions in the U.S., which are expected to delay a rebound in the company’s sales until next year. Rémy reports that sales were down 10.8% globally for fiscal ...
Canadian cannabis company High Tide has emerged as a leading player, now operating 191 Canna Cabana locations across Canada, with 29 new stores opened in 2024. “This year has been extraordinary for ...
Los Angeles-based private equity firm Butterfly completed its $1.95 billion acquisition of luxury California wine player Duckhorn. Today, SND can exclusively report that former Constellation Wine & ...
The Nolet Group has agreed to acquire fellow Netherlands-based drinks group Lucas Bols for $285 million. The two companies say the deal is “a unique opportunity to bring together two leading Dutch ...
With super-premium gin showing strong growth in the U.S., Deutsch Family Wine & Spirits has made its first move in the category, SND has learned. Deutsch has formed a 50-50 joint venture partnership ...
U.S. Surgeon General Vivek Murthy issued an advisory Friday calling for alcoholic beverages to carry cancer warnings, arguing that Americans are uneducated about potential links between alcohol and ...
The top wine and spirits wholesaler nationwide with estimated 2024 revenues of $26 billion, Southern Glazer’s has a unique window into drinks trends across the U.S. market. While both on- and ...